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Mistral Small 3.1 24B vs Phi-3.5 Mini 128K Instruct (Comparative Analysis)

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Comparative Analysis: Mistral Small 3.1 24B vs. Phi-3.5 Mini 128K Instruct
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Overview

Phi-3.5 Mini 128K Instruct was released 6 months before Mistral Small 3.1 24B.
Mistral Small 3.1 24BMistral Small 3.1 24B
Phi-3.5 Mini 128K InstructPhi-3.5 Mini 128K Instruct
Model Provider
The organization behind this AI's development
Mistral logoMistral
Microsoft logoMicrosoft
Input Context Window
Maximum input tokens this model can process at once
131.1K
tokens
128K
tokens
Output Token Limit
Maximum output tokens this model can generate at once
131.1K
tokens
Not specified
tokens
Release Date
When this model first became publicly available
March 17th, 2025
August 21st, 2024

Capabilities & Features

Compare supported features, modalities, and advanced capabilities
Mistral Small 3.1 24B
Phi-3.5 Mini 128K Instruct
Input Types
Supported input formats
📝Text🖼️Image
📝Text
Output Types
Supported output formats
📝Text
📝Text
Tokenizer
Text encoding system
MistralOther
Key Features
Advanced capabilities
Function CallingStructured OutputReasoning ModeContent Moderation
Function CallingStructured OutputReasoning ModeContent Moderation
Open Source
Model availability
Available on HuggingFace →Available on HuggingFace →

Pricing

Mistral Small 3.1 24B is roughly 0.5x less expensive compared to Phi-3.5 Mini 128K Instruct for input tokens and roughly 2.2x more expensive for output tokens.
Mistral Small 3.1 24BMistral Small 3.1 24B
Phi-3.5 Mini 128K InstructPhi-3.5 Mini 128K Instruct
Input Token Cost
Cost per million input tokens
$0.05
per million tokens
$0.10
per million tokens
Output Token Cost
Cost per million outut tokens
$0.22
per million tokens
$0.10
per million tokens

Benchmarks

Compare relevant benchmarks between Mistral Small 3.1 24B and Phi-3.5 Mini 128K Instruct.
Mistral Small 3.1 24BMistral Small 3.1 24B
Phi-3.5 Mini 128K InstructPhi-3.5 Mini 128K Instruct
MMLU
Measures knowledge across 57 subjects like law, math, history, and science
Benchmark not available.
Benchmark not available.
MMMU
Measures understanding of combined text and images across various domains
Benchmark not available.
Benchmark not available.
HellaSwag
Measures common sense reasoning by having models complete sentences about everyday situations
Benchmark not available.
Benchmark not available.

At a Glance

Quick overview of what makes Mistral Small 3.1 24B and Phi-3.5 Mini 128K Instruct unique.
Mistral logoMistral Small 3.1 24B by Mistral understands both text and images, can use external tools and APIs, generates structured data. It can handle standard conversations with its 131.1K token context window. Very affordable at $0.05/M input and $0.22/M output tokens. Released March 17th, 2025.
Microsoft logoPhi-3.5 Mini 128K Instruct by Microsoft can use external tools and APIs. It can handle standard conversations with its 128K token context window. Very affordable at $0.10/M input and $0.10/M output tokens. Released August 21st, 2024.

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